A trust for sale arising, otherwise than by statute1, at a time beyond the perpetuity period is invalid2; but, where the trust for sale is mere machinery for facilitating a division between the persons for whom the property is destined, effect will be given to the equitable interests as if the trust for sale were omitted3. Where, therefore, the vesting of these equitable interests is within the perpetuity period, they are not rendered invalid by the failure of the trust for sale4, but devolve as if the property were unaffected by the trust for sale5; but, where the vesting
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
This Practice Note considers the nature and scope of arbitration agreements with a particular focus on arbitration agreements pursuant to the law of England and Wales, although it also discusses the concept from an international perspective and includes some comparative examples from other
The offence of causing grievous bodily harm with intentWounding or causing grievous bodily harm (GBH) with intent is triable only in the Crown Court on indictment. Elements of the offence Under the Offences against the Person Act 1861 (OATPA 1861), the prosecution must prove the defendant unlawfully
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.You should also consider if the proceedings will be
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